Headlines

Reuters

Obama wants to raise the debt ceiling “without drama”

President Barack Obama will renew his case for tax hikes on wealthy Americans to avert a year-end fiscal crunch and call for a smooth increase in the nation’s borrowing limit in a speech to a business group on Wednesday, a White House official said.

The president is embarked on an aggressive campaign to pressure congressional Republicans to compromise on steps to avoid the so-called fiscal cliff. He will argue to corporate executives that it would hurt the nation’s economy to have another protracted political fight over raising the debt limit, the official said.

“The President will highlight why it would hurt our economy and our nation’s businesses if we do not find a solution to avoid another debt ceiling crisis, and will ask the business leaders for their help in supporting an approach that resolves the debt limit without drama or delay,” said the official, who spoke on condition of anonymity.

In principle I agree with you but I am in the mood for big displays so I’m going with Bishop on this one. Plus going over the fiscal cliff. If I have to put up with this man for four more years I’m going to see him finally do something. Watching him try to fix crap suits me fine.

I hadn’t read Bishop’s comment before I posted. Like Bishop implies, this blister is so full of toxic puss that it’ll have to be brought to a head to drain it. I’ve thought this for some time. Only recently have I entertained the LiB school of thought, but I will need to think about it more, and weigh the pros and cons about giving this Obama free reigns to destroy us.

I agree with Bishop most of the time. That you side with him is persuasive.

Luckily we don’t have a say because I don’t know if we should trust me right now. I’m in the angry stage of my grief over the fact there are enough stupid people to give this jackazz four more years. And anger is feeling pretty darned good, it may last a while. He’s going to destroy us anyway and blame everyone but himself.

“The President will highlight why it would hurt our economy and our nation’s businesses if we do not find a solution to avoid another debt ceiling crisis, and will ask the business leaders for their help in supporting an approach that resolves the debt limit without drama or delay,” said the official, who spoke on condition of anonymity.

There is no proof he ever cared about the nation’s economy or businesses before.

Why should businesses help Obama hang them? If he gets the debt limit raised there is no promise he will not ask for more, since he is already asking for more

Why should the WH need to float this burger via an ‘official’, who speaks on condition of ‘anonymity’? Nothing floats out of the WH without fingerprints. Probably just having some fun with the suckers

I hear you! At first I wasn’t around because I had company but now I’m like you, I don’t feel constructive. How can you be constructive when you are for all intents and purposes, powerless? I truly believe that we need to go over the cliff. I never believe the media anymore, I doubt we would even notice the difference between now and financial disaster. Especially since I’ve considered us in financial disaster territory since TARP.

I think that is why I like Bishop’s idea. Coming up with a crazy number and watching how fast Obama blows by it would be a lesson few could ignore and we already can’t pay for what we have borrow. I’m trying to figure out who is stupid enough to lend to us?

Hmmm, maybe the fact that I have no grandchildren makes it seem easier to go the “Kamikaze” option. The country we have known is going to be very different from what they will know and due to the lack of truth in our schools’ history curriculum, they won’t even miss it.